TAMPA — The Tampa Bay Buccaneers’ free-spending ways in free agency will probably come to a screeching halt very soon now. Not because the Bucs want them to, but because they have no choice.
The Bucs have spent more than $140 million adding 11 new players, and as a result they are starting to run out of room under the salary cap.
After Thursday’s signing of free-agent cornerback Mike Jenkins to a one-year, $1.5 million, contract the Bucs have $9.3 million worth of cap space left, according to overthecap.com.
That may seem like a lot, especially when you consider the Bucs started free agency with about $18 million, but at least $5 million of that will go to the rookies the Bucs add in the draft.
In reality then, the Bucs have only about $4 million worth of space left. That is more than enough to add another mid-level or lower player or two, but it’s doubtful the Bucs can or will do much more than that.